401(k) · DOL Form 5500 · 2024

Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company 401(k) Plan

Data updated 2026-08-11

$122M
Total assets
504
Participants
92nd
Percentile by assets
$241,963
Avg per participant
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Official DOL plan name: Tax Favored Savings Program · Sponsored by Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company · Mississippi · Finance & Insurance

$122M in assets, 504 participants

Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company's Tax Favored Savings Program reported $122M in total assets and 504 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 92nd percentile by assets (of 123,622 plans)
  • #7,451 in Finance & Insurance (8,549 peers)

Where Tax Favored Savings Program sits by assets

Tax Favored Savings Program sits in the top 10% of all filed plans by assets, $122M for 504 participants (~$241,963/participant), up 14.5% in 2024.

$122M
total plan assets (2024 EOY)
504
covered participants
92nd
percentile by assets (of 123,622 plans)
$241,963
avg assets per participant

Where Tax Favored Savings Program sits by total assets

Tax Favored Savings Program vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$121,949,398 Top 8% higher than 92% of 123,620 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tax Favored Savings Program end-of-year assets rose from $106M in the plan year 2023 filing to $122M in the plan year 2024 filing.
  • Tax Favored Savings Program reported net income fell from $16M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Tax Favored Savings Program reported participants rose from 486 in the plan year 2023 filing to 504 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Mississippi
Industry
Finance & Insurance

Tax Favored Savings Program vs the 2024 asset distribution

By assets, Tax Favored Savings Program outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$106M
Net Assets (End of Year)$122M
Net Income$15M
Employer EIN640295748
Plan Effective Date1985-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company)

$250M$260M$270M$280M 202220232024 $253M $254M ▲ +0.4%
Total plan assets by year, all Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 686 $253M
2023 2 652 $270M
2024 2 653 $254M

Nearby 401(k) Plans in Mississippi

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Tax Favored Savings Program vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 02000400060008000 02004006008001000 Total assets ($M) Participants Tax Favored Savings …, Total assets ($M): 121.949398 · Participants: 504Tax Favored Savings …Cadence 401(k) Profi…, Total assets ($M): 817.14825 · Participants: 6117Cadence 401(k) Profi…Ergon 401(k) Plan, Total assets ($M): 770.769507 · Participants: 3508Ergon 401(k) PlanV2x 401(k) Retiremen…, Total assets ($M): 644.420569 · Participants: 6644V2x 401(k) Retiremen…Hancock Whitney Corp…, Total assets ($M): 607.648166 · Participants: 3561Hancock Whitney Corp…Southern Farm Bureau…, Total assets ($M): 528.338892 · Participants: 2689Southern Farm Bureau…
Tax Favored Savings Program vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Tax Favored Savings Program side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tax Favored Savings Program by total assets, not by location.

Frequently Asked Questions

How did Tax Favored Savings Program assets move in 2024? ▼
Tax Favored Savings Program grew at a solid clip - up 14.5% during 2024, from $106M to $122M. Reported net income was $15M.
How have Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company's sponsor-wide assets grew 0.4%, from $253M to $254M.
Where does Tax Favored Savings Program rank by assets among Form 5500 filers? ▼
Tax Favored Savings Program ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Tax Favored Savings Program? ▼
Among 401(k) plans in other states, the closest by assets is Athens Services 401(k) Profit Sharing Plan in CA ($122M, 2,173 participants).

Next read for Tax Favored Savings Program

Scale reading

Ways to act on Tax Favored Savings Program's numbers.

  • By total assets, Tax Favored Savings Program ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Mississippi. Compare plans
  • Blue Cross and Blue Shield of Mississippi, a Mutual Insurance Company's sponsor-wide assets have grown 0.4% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 640295748.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.